{"id":11881,"date":"2024-11-10T10:13:56","date_gmt":"2024-11-10T10:13:56","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=11881"},"modified":"2025-06-07T11:42:03","modified_gmt":"2025-06-07T11:42:03","slug":"how-to-add-nominee-in-demat-account","status":"publish","type":"demat","link":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/","title":{"rendered":"Demat Account Nomination &#8211; How to Add a Nominee?"},"content":{"rendered":"\n<p>At times, investors get concerned about what would happen to the securities in their demat account if they passed away and is there a procedure they can follow to transfer the stocks to a family member? The answer to that query is \u201cNominee.\u201d Investors can designate a nominee in their demat account so that in the event of an investor\u2019s untimely death, the nominee will have easy access to the securities held in the investor\u2019s demat account.<\/p>\n\n\n\n<p>In this blog, we will explain how to appoint a nominee for your demat account.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Who_is_the_Nominee\" title=\"Who is the Nominee?\">Who is the Nominee?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#What_is_Nomination_in_Demat_Account\" title=\"What is Nomination in Demat Account?\">What is Nomination in Demat Account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Importance_of_Adding_a_Nominee_in_Demat_Account\" title=\"Importance of Adding a Nominee in Demat Account\">Importance of Adding a Nominee in Demat Account<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#How_to_Add_a_Nominee_to_a_Demat_Account_Online\" title=\"How to Add a Nominee to a Demat Account Online?\">How to Add a Nominee to a Demat Account Online?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#How_to_add_a_Nominee_in_a_Demat_Account_Offline\" title=\"How to add a Nominee in a Demat Account Offline?\">How to add a Nominee in a Demat Account Offline?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Eligibility_Criteria_for_Nominees\" title=\"Eligibility Criteria for Nominees\">Eligibility Criteria for Nominees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#How_to_UpdateChange_Demat_Account_Nominee\" title=\"How to Update\/Change Demat Account Nominee?\">How to Update\/Change Demat Account Nominee?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Last_Date_to_Add_Nominee_in_Demat_Account\" title=\"Last Date to Add Nominee in Demat Account&nbsp;\">Last Date to Add Nominee in Demat Account&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#Frequently_Asked_Questions_FAQs\" title=\" Frequently Asked Questions (FAQs)\"> Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-who-is-the-nominee\"><span class=\"ez-toc-section\" id=\"Who_is_the_Nominee\"><\/span>Who is the Nominee?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a Demat account, the nominee is a person designated by the account holder to inherit the securities in the account in the event of the account holder\u2019s unfortunate death. The nominee facilitates the transfer of the asset without probate or formal succession. Adding a nominee to the demat account is advised because it makes transferring the securities held in the demat account easier. If an account holder passes away, the nominee serves as a custodian with the power to administer the securities kept in the demat account.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-nomination-in-demat-account\"><span class=\"ez-toc-section\" id=\"What_is_Nomination_in_Demat_Account\"><\/span>What is Nomination in Demat Account?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The process of appointing a nominee by the Demat account holder is known as nomination. A nominee is a person who would inherit the securities, such as shares, bonds, etc., in the event of the account holder\u2019s death. A nominee must be appointed whenever a demat account is opened. It is necessary for the asset transfer to go smoothly. In the event of the account holder\u2019s untimely death, having a nominee in a demat account prevents the situation of unclaimed assets.&nbsp;<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/demat\/features-and-benefits-of-demat-account\/\">Features and Benefits of Demat Account<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-importance-of-adding-a-nominee-in-demat-account\"><span class=\"ez-toc-section\" id=\"Importance_of_Adding_a_Nominee_in_Demat_Account\"><\/span>Importance of Adding a Nominee in Demat Account<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The key points signifying the importance of having a nominee in a Demat account are mentioned below-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Easier Asset Transfer<\/strong> \u2013 In the event of the account holder\u2019s untimely death, having a nominee in a demat account enables quick and easier transfer of the assets.&nbsp;<\/li>\n\n\n\n<li><strong>Protects against uncertainty<\/strong> \u2013 Adding a nominee to the demat account reduces the possibility of a dispute involving the transfer of the account holder\u2019s securities.&nbsp;<\/li>\n\n\n\n<li><strong>No Additional Cost<\/strong> \u2013 No extra fees are associated with adding a nominee to the demat account.&nbsp;<\/li>\n\n\n\n<li><strong>No Freezing of Account<\/strong> \u2013 The SEBI has released a circular to freeze the Demat accounts for debits if the nominee is not updated in the Demat account. Appointing a nominee prevents such situations.<\/li>\n\n\n\n<li><strong>Distribution of Asset<\/strong> \u2013 You can designate up to three individuals as nominees, making it simple to divide the asset among family members.&nbsp;<\/li>\n\n\n\n<li><strong>Saves Time<\/strong> \u2013 Designating a nominee in the demat account relieves the legal heirs of the burden of going through a legal procedure.&nbsp;<\/li>\n\n\n\n<li><strong>Peace of Mind <\/strong>\u2013 You can feel secure knowing your assets will be passed on to the family member you specified in the nomination.&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/demat\/how-to-open-a-demat-account-online\/\">How to Open a Demat Account Online?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-add-a-nominee-to-a-demat-account-online\"><span class=\"ez-toc-section\" id=\"How_to_Add_a_Nominee_to_a_Demat_Account_Online\"><\/span>How to Add a Nominee to a Demat Account Online?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"990\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-scaled.png\" alt=\"Adding a Nominee to Demat Account\" class=\"wp-image-16858\" style=\"width:825px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-990x1024.png 990w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-290x300.png 290w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-768x795.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-1484x1536.png 1484w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-1979x2048.png 1979w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Adding-a-Nominee-to-Demat-Account-150x155.png 150w\" sizes=\"auto, (max-width: 990px) 100vw, 990px\" \/><\/figure>\n\n\n\n<p>The steps to add a nominee to a demat account online are as follows-<\/p>\n\n\n\n<p><strong>1.<\/strong> <strong>Visiting the Website<\/strong> \u2013 Visit the<a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/cdsl-vs-nsdl\/\" target=\"_blank\" rel=\"noreferrer noopener\"> NSDL or CDSL<\/a> website and select the \u2018Nominate Online\u2019 option.<\/p>\n\n\n\n<p><strong>2. Enter the Details<\/strong> \u2013 You will be redirected to a new webpage where you will be asked to enter various details, such as your Depository Participant ID, <a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/what-is-client-id-in-demat-account\/\" target=\"_blank\" rel=\"noreferrer noopener\">client ID<\/a>, and PAN card.<\/p>\n\n\n\n<p><strong>3.<\/strong> <strong>Authentication <\/strong>\u2013 An OTP will be sent to your registered mail ID and mobile number, and you must enter that OTP to complete the authentication process.<\/p>\n\n\n\n<p><strong>4.<\/strong> <strong>Nomination <\/strong>&#8211; There will be two options available. If you wish to add a nominee, select the \u2018I wish to nominate\u2019 option and provide the nominee\u2019s details on the next page. The other option is \u201cOpt out of the Nomination\u201d if you don\u2019t wish to appoint a nominee for your demat account.&nbsp;<\/p>\n\n\n\n<p><strong>5. Authenticating the Nominee Details<\/strong> \u2013 After that, you must authenticate the nominee\u2019s details by clicking on the checkbox.<\/p>\n\n\n\n<p><strong>6.<\/strong> <strong>Esign<\/strong>&#8211; The last step is to sign the documents, which can be completed through e-sign service providers.<\/p>\n\n\n\n<p><strong>7.<\/strong> <strong>Service Provider<\/strong> \u2013 You will be redirected to the Protean eGov page, where you must perform an Aadhaar Esign.<\/p>\n\n\n\n<p><strong>8.<\/strong> <strong>Submission<\/strong> \u2013 The nomination process is completed once you enter the OTP received on your Aadhaar-registered mobile number.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/demat\/huf-demat-account-guide\/\">HUF Demat Account: Benefits, Documents &amp; How to Open<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-add-a-nominee-in-a-demat-account-offline\"><span class=\"ez-toc-section\" id=\"How_to_add_a_Nominee_in_a_Demat_Account_Offline\"><\/span>How to add a Nominee in a Demat Account Offline?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The nominee can be easily added to your demat account through offline mode, the steps of which are as follows-<\/p>\n\n\n\n<p><strong>1. Get the Form<\/strong> \u2013 The first step would be getting the nomination registration form. Get the Form No. SH-13 Nomination form from the branch of your depository participant or SEBI website.<\/p>\n\n\n\n<p><strong>2.<\/strong> <strong>Details<\/strong> \u2013 Fill out the nomination form with details such as the nominee\u2019s name, address, relationship with you, and the percentage of assets that would be transferred to the nominee in the event of the investor\u2019s death. Make sure that the details provided are accurate.<\/p>\n\n\n\n<p><strong>3.<\/strong> <strong>Signing the Form<\/strong> \u2013 The account holder must sign the nomination form, and if there are two joint holders, then all the account holders must sign it.<\/p>\n\n\n\n<p><strong>4. Submission of Form<\/strong> \u2013 The form can be submitted to the nearest branch of your depository participant.<\/p>\n\n\n\n<p><strong>5.<\/strong> <strong>Receipt of Acknowledgment<\/strong> \u2013 The depository participant issues an acknowledgment slip that must be kept for future reference.<\/p>\n\n\n\n<p><strong>6.<\/strong> <strong>Confirmation<\/strong> \u2013 Once your form is accepted and processed, the depository participant will update the nominee details in your demat account.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/www.pocketful.in\/blog\/demat\/types-of-demat-accounts\/\">Types of Demat Accounts in India<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-criteria-for-nominees\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_for_Nominees\"><\/span>Eligibility Criteria for Nominees<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The demat accounts have flexible eligibility criteria for nominees; below mentioned are the key eligibility criteria \u2013<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Individual <\/strong>\u2013 Regardless of age, a person can be designated as a nominee in a demat account. However, the guardian must be appointed if the nominee is a minor.&nbsp;<\/li>\n\n\n\n<li><strong>Minor <\/strong>\u2013 A minor can also be designated as a nominee in a demat account. However, in this scenario, the minor\u2019s guardian will manage the account in the event of the account holder\u2019s death until the minor turns 18.&nbsp;<\/li>\n\n\n\n<li><strong>NRI <\/strong>\u2013 It is also possible to designate a non-resident Indian as a nominee in a demat account.&nbsp;<\/li>\n\n\n\n<li><strong>Legal Entities<\/strong> \u2013 Legal entities, such as companies, trusts, or partnership firms, are not allowed to be appointed as nominees.<\/li>\n\n\n\n<li><strong>Joint Account Holders<\/strong> \u2013 If there are two or more joint holders, the nominee can only exercise their entitlement if both joint holders pass away. The demat account will continue to be operated if any of the joint holders are still living.&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/demat\/nsdl-demat-account\/\">NSDL Demat Account: Open, Manage &amp; Understand Charges<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-update-change-demat-account-nominee\"><span class=\"ez-toc-section\" id=\"How_to_UpdateChange_Demat_Account_Nominee\"><\/span>How to Update\/Change Demat Account Nominee?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"619\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-scaled.png\" alt=\"\" class=\"wp-image-16860\" style=\"width:763px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-1024x619.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-300x181.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-768x464.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-1536x928.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-2048x1237.png 2048w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Updating-Demat-Account-Nominee-Online-and-Offline-Methods-150x91.png 150w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The nominee in the Demat account can be updated through both online and offline methods-<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-online-mode\">Online Mode<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the Website \u2013 Go to the NSDL website and then navigate to the main page.&nbsp;<\/li>\n\n\n\n<li>Selecting the Nomination Option \u2013 Choose the online nomination option on the main page.&nbsp;<\/li>\n\n\n\n<li>Enter the Details \u2013 You will then be taken to a new page where you will be required to provide several details, including your PAN card and Depository Participant ID.&nbsp;<\/li>\n\n\n\n<li>Authentication \u2013 You will receive an OTP on your registered email address and mobile number. Input it to finish the authentication procedure.&nbsp;<\/li>\n\n\n\n<li>Edit or Update Nominee \u2013 If you want to change or amend the nominee in the Demat account, enter the new nominee\u2019s information on the following page.&nbsp;<\/li>\n\n\n\n<li>Authenticating the Nominee Details \u2013 You can update the nominee\u2019s details by entering the OTP sent to your registered mobile number and email ID.<\/li>\n\n\n\n<li>Submission \u2013 Enter the OTP received on your Aadhar registered mobile number to submit the form.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-offline-mode-nbsp\">Offline Mode&nbsp;<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Get the Form \u2013 Obtain the nomination form. Form SH-14 is the \u201cCancellation or Variation of Nomination\u201d form, available on the NSDL or CDSL websites. The form is also available at the nearest branch of your Depository Participants.&nbsp;<\/li>\n\n\n\n<li>Account Details \u2013 Complete the form with account details such as the demat account number, the account holder\u2019s name, and other information.&nbsp;<\/li>\n\n\n\n<li>Existing Nominee Details \u2013 Input details regarding the nominee\u2019s name, birthdate, relationship to the account holder, contact details, and other information.&nbsp;<\/li>\n\n\n\n<li>In Case of Minor \u2013 If the nominee is a minor, the guardian\u2019s name, relationship, and contact information must also be provided.&nbsp;<\/li>\n\n\n\n<li>New Nominee Details \u2013 Write the details of the new nominee in the form.<\/li>\n\n\n\n<li>Signing the Form \u2013 The account holder must sign the nomination form, and if there are two joint holders, all the account holders must sign the form.&nbsp;<\/li>\n\n\n\n<li>Submission of Form \u2013 Submit the form at the nearest branch of your depository participant.<\/li>\n\n\n\n<li>Receipt of Acknowledgment \u2013 The acknowledgment given by the depository participant must be kept for future reference to track the process of change in nomination.<\/li>\n\n\n\n<li>Confirmation \u2013 Once your form is accepted and processed by the depository participant, you will receive a confirmation mail from their end.&nbsp;<\/li>\n<\/ol>\n\n\n\n<p><strong>Read Also:<\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/demat\/documents-required-to-open-a-demat-account\/\"> Documents Required to Open a Demat Account<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-last-date-to-add-nominee-in-demat-account-nbsp\"><span class=\"ez-toc-section\" id=\"Last_Date_to_Add_Nominee_in_Demat_Account\"><\/span>Last Date to Add Nominee in Demat Account&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The extended deadline announced by the Securities and Exchange Board of India is 30 June 2024. If you do not nominate a person in your demat account or opt out of the nomination, then your demat account will be frozen for debits by the depositary participant.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/demat-account-vs-trading-account\/\" target=\"_blank\" rel=\"noreferrer noopener\">Difference Between Demat Account and Trading Account<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In conclusion, designating a nominee for your demat account is crucial to ensuring a smooth transfer of securities in the event of the account holder\u2019s untimely death. You can designate up to three nominees if you want to transfer the securities to more than one person. These nominees don\u2019t have to be your blood relatives; you can also designate your friends as nominees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><br>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\">How many nominees can be added to a demat account?<\/h3><p class=\"saswp-faq-answer-text\">Investors can designate up to three people in a demat account and specify the asset percentage. For instance, you can divide the assets among the three nominees, A, B, and C, as follows: 25% should go to A, 25% to B, and 50% should go to C.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">What if no nominee is updated in the demat account?<\/h3><p class=\"saswp-faq-answer-text\">The process of transferring the securities following the account holder\u2019s death may become more difficult and take longer than usual if no nominee is added to the demat account. A legal procedure may be required to determine the account holder\u2019s legal successor.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is appointing a nominee mandatory for a demat account holder?<\/h3><p class=\"saswp-faq-answer-text\">According to the most recent guideline published by the Securities and Exchange Board of India, it is mandatory to add a nominee by 30 June 2024, or else your demat account will be frozen.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">Is it necessary that a nominee must be a family member?<\/h3><p class=\"saswp-faq-answer-text\">A nominee is not required to be a member of your family or a blood relative. You can choose anyone as a nominee, even a friend.<\/p><li style=\"list-style-type: none\"><h3 class=\"\">How can a nominee claim the securities in the Demat account of the account holder?<\/h3><p class=\"saswp-faq-answer-text\">A nominee can claim the securities in the account holder\u2019s demat account by providing the depository participants with the account holder\u2019s death certificate and the necessary paperwork.<\/p><\/ul><\/div>\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At times, investors get concerned about what would happen to the securities in their demat account if they passed away and is there a procedure they can follow to transfer the stocks to a family member? The answer to that query is \u201cNominee.\u201d Investors can designate a nominee in their demat account so that in [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":12027,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[256],"class_list":["post-11881","demat","type-demat","status-publish","format-standard","has-post-thumbnail","hentry","category-demat-account"],"acf":{"freelancer":"Akash Gupta"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Add Nominee in Your Demat Account? - Pocketful<\/title>\n<meta name=\"description\" content=\"Learn how to add a nominee to your Demat account to ensure the smooth transfer of securities in case of your untimely death.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Demat Account Nomination - How to Add a Nominee?\" \/>\n<meta property=\"og:description\" content=\"Learn how to add a nominee to your Demat account to ensure the smooth transfer of securities in case of your untimely death.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-07T11:42:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Demat-Account-Nomination-How-to-Add-a-Nominee.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to Add Nominee in Your Demat Account? - Pocketful","description":"Learn how to add a nominee to your Demat account to ensure the smooth transfer of securities in case of your untimely death.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Demat Account Nomination - How to Add a Nominee?","og_description":"Learn how to add a nominee to your Demat account to ensure the smooth transfer of securities in case of your untimely death.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_modified_time":"2025-06-07T11:42:03+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Demat-Account-Nomination-How-to-Add-a-Nominee.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@Pocketful_HQ","twitter_misc":{"Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/","url":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/","name":"How to Add Nominee in Your Demat Account? - Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2024-11-10T10:13:56+00:00","dateModified":"2025-06-07T11:42:03+00:00","description":"Learn how to add a nominee to your Demat account to ensure the smooth transfer of securities in case of your untimely death.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/demat\/how-to-add-nominee-in-demat-account\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Demat Account Nomination &#8211; How to Add a Nominee?"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; more","publisher":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp-api.pocketful.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wp-api.pocketful.in\/blog\/#organization","name":"Pocketful","alternateName":"Pocketful Broker","url":"https:\/\/wp-api.pocketful.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","contentUrl":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2023\/08\/Logo_Final-01-1-3-1.png","width":150,"height":26,"caption":"Pocketful"},"image":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Pocketful.HQ\/","https:\/\/twitter.com\/Pocketful_HQ","https:\/\/www.linkedin.com\/company\/pocketfulofprofits\/","https:\/\/www.instagram.com\/pocketful.official\/"]}]}},"article_history_entries":[{"type":"Edit","author":{"id":7,"name":"Pocketful Team","url":"pocketful"},"content":"Post created","date":"2024-11-08 10:06:03","id":"ah_672de28b6c9177.04186319"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Add new links","date":"2025-02-19 07:24:25","id":"ah_67b587296811c3.33040086"},{"type":"Update","author":{"id":11,"name":"Nisha","url":"nisha"},"content":"Add new links","date":"2025-02-19 07:24:45","id":"ah_67b5873d046d41.32236330"},{"type":"Update","author":{"id":9,"name":"Ranjeet Kumar","url":"ranjeetkumar"},"content":"Infographic Update","date":"2025-04-17 06:26:49","id":"ah_68009f29567418.85224922"}],"image_url_featured":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/11\/Demat-Account-Nomination-How-to-Add-a-Nominee.jpg","_links":{"self":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/demat\/11881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/demat"}],"about":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/types\/demat"}],"author":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/users\/10"}],"version-history":[{"count":1,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/demat\/11881\/revisions"}],"predecessor-version":[{"id":18737,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/demat\/11881\/revisions\/18737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media\/12027"}],"wp:attachment":[{"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/media?parent=11881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp-api.pocketful.in\/blog\/wp-json\/wp\/v2\/categories?post=11881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}